China’s EV Exports Jump 38% in Q3 BYD Overtakes Tesla in Global Shipments

China’s EV Exports Jump 38% in Q3 BYD Overtakes Tesla in Global Shipments

Policy Context:China’s electric vehicle (EV) industry has seen a surge in exports, with BYD overtaking Tesla in global shipments for Q3 2025. Government policies promoting EV manufacturing, renewable energy integration, and export incentives have contributed significantly to this growth. Policy measures include subsidies

EV Titans BYD, NIO, and Xiaomi’s Challenge to Tesla

IntroductionChina has emerged as the largest electric vehicle market in the world, accounting for more than half of global EV sales in 2024. Government subsidies, a vast consumer base, and aggressive manufacturing capacity have made the country the center of the global EV